Israel's Bank Leumi raises $721 mln in bond issue
Bank Leumi (LUMI.TA), one of Israel's two largest lenders, said on Sunday it raised 2.3 billion shekels ($721 million) in…
Trading, Broking & Stock Exchanges
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Dubai faces up to rivals as it plans stock exchange revival with IPO offerings
Competition is heating up in the capital markets of the United Arab Emirates, as Dubai seeks to revive its ailing…
Saudi bourse sees biggest weekly loss in over a year
Saudi Arabia's stock market gave up early gains to end lower on Thursday, registering its fourth weekly loss in five…
Dubai Financial Market's trading value surges to $4.2bln in 3 weeks
The Dubai Financial Market’s trading value has surged by 270 percent in less than a month since Sheikh Maktoum bin…
Arab Federation for Digital Economy, Union of Arab Banks launch 'Huma Wealth' programme in cooperation with GCEL
The Arab Federation for Digital Economy and the Union of Arab Banks, operating under the umbrella of the Arab League,…
Dubai’s DAFZA, Export Bahrain sign agreement
Dubai Airport Freezone Authority has signed a strategic cooperation agreement with Export Bahrain, to establish frameworks for technical collaboration. …
Bank of Israel pledges to keep policy accommodative as risks remain
The Bank of Israel held its benchmark interest rate at 0.1% for a 13th straight policy meeting on Monday, citing…
69-Year Old Israeli Lady Turned a $3K Bitcoin Investment to $320K: Now the Bank Refuses to Deposit
The Israeli pensioner Esther Freeman has reportedly turned an ILS 10,000 Bitcoin investment, worth roughly $3K at that time, into…
Egypt issues regulations for SPACs
Egypt’s Financial Regulatory Authority has issued regulations governing the listing of special purpose acquisition companies on the Egyptian Stock Exchange…
Saudi EXIM Bank, HSBC and SABB sign MoU to advance trade & export finance and credit insurance collaboration
Saudi EXIM Bank have announced that it has launched a strategic partnership with HSBC Bank Middle East Limited and Saudi…
Saudi FinTech, InsurTech Rasan Secures $24M
Saudi FinTech and InsurTech startup Rasan has secured $24M in its latest funding round led by Impact 46, a Saudi…
Emirates Islamic rings market-opening bell to celebrate listing of $500mln sukuk on Nasdaq Dubai
Salah Mohammed Amin, CEO of Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today rang the…